LNG demand growth in the Asia Pacific region is set to slow this year. This combined with increased volumes from Australia, Russia and the US will continue to put pressure on prices in Q1 and Q2. GGA forecasts that spot LNG prices in Northeast Asia will average around $7.4/MMBtu in Q1 2019 and $8/MMBtu for the year as a whole.
European hub prices are expected to continue to decline, with the NBP month-ahead having fallen to roughly 46-47 p/th in mid-February. Seasonal demand is set to...
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